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<br />-- ' . � lhe prx�eds af any lnsur��co ead aAPN�tw proc�ad�lo ltw r�aduct�on of 4ria Incisbta�rte���PnYrnent at cts:�I:�n cii-e';r�:� ' � tPw �,�.�-.�,.�-: '_
<br /> � �' ra�tontlon�nd tepak o9 llt�PropsilY• �t I.�ed�r�Irs%is to app.y lha pr�oeds t�roslorntlon�rcd�ik, Yrtattor�hW r�r��:� � ��� v��_v_
<br />;�,�._,.. , „ ^ dtmapsd ov d�stroyad Improvnrufnla In�rrseensr aaiisla:tay to L�nder. Land�r ahtll,upon aalist�etar}�pr
<br /> ool of tuch� MY
<br /> Y �pa�
<br /> , promeoud whtch haw nol he�en��ixMd witTlo 18�0 daya�fk�Ih�k nalp�nd�whfch L�nfd�r t�s nol canmNMd t�MhnR�ir�x�wlonYon oy! ��--��-=:�.�
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<br /> � y P ^ �� �,t In 4u'1 n}fR�Irtt►�'?!�!�.?`�etsch �C:..,� ��,.;,a,r - _
<br /> fh�Gropr��y si�isa u:cd��:.!to paY any����+nl ewi!u�to I.ender undar th!a naod o 1 Trus1,Ihon lo pa y ac�rwA Intx�sf,�nd lhs rem�IndK�
<br /> .;�5:` : , . ar+`l.�h�N bs oDP�to IM D��bek�of th�Ir+dN►f�dn�aY.II Und�r hdds an racw�e aS�:r PrY':-; -__------
<br /> - � • � procNd�th�M b�A+�lo Trust�r a Trustort MNro�b rrMy ePP�• =_.=__---
<br /> 1�,xpk�d Inw��N sak. Any ur�k�d Insurina oh�N Inun to IM WrNM d,�nd pass to.lh�{�u�chasK ol lls�PropKty r.ow��d bY�� AL—_ __-
<br /> O�d of Tna�t at ury 1�utts�ti�N or olt��Mid undK Itw provl�lon�d thft D�l u!TYUSt�a'al any Ia�ciaur�siN d auoh WroP�tY. �'+:�;-��;:_�--_-
<br /> N�th Qn raNslon M thb Ge�d ol Trust,or If�ny ac�on a P�'�'�0�Ce���t �.,,��
<br /> pIPEND11UFifl8 DY 6,�NDER. II Trusta P�I6�io comply Y P y ,+�;}j��ri�,,,-•-
<br /> t�k�an actlon that l�+►d�r '�-��-_-`-._----
<br /> ,. • wauld ma1�MY�fhct Lond�r's Irtl�sts In tha Proptrfy�Lander on Trusta'�bNulf may,bal ehaN nol W nquind la, A� r
<br /> rt
<br /> ��`�T -- n_..,.
<br /> daoms a=►proprtat�• Any amaunllhat Lend?r�raenAs In a ddng wiq b�r Intarost at�ths mt�cMrOod uncS�r lh�Nota Nom iM d�a Incurrod�x P�[d .,,��>"_.___°_
<br /> by Lendtr lu IM d�ta ol�ap�yrtaM by Trusta. /UI tuch u�ns�s�al Und�r'�oplton,wNl (4)bu pQyQbb on darn�nd� (b)tre+edded to Ih�bat�na � `��.�-°:-.�
<br /> ' of ih�Nob and be sppoNonad�mony tnd be piysbM with any InsuNment p�yrtNn�s to becortw dus durirp oftlNr p)Ih�lfrm ol any�ppNC�bM �:'F';.:�;�-���__"-
<br /> �ye.,.,L��,�r�rr��-,—.
<br /> Irrsur�nc�P�Y a (6)Ih�rsnwlMny lerm uf tM lVoM.a (c)be freat�d se o b�NOOn payment whlch wlil bs due and psynbt�tl tM NoM's mat . ,��^�i- .
<br /> This Doad of Trust atso wNl secure payment of th�w amounts. The�r{OMs provlded for In lhb parapraph shaH be In addiHon to any oiher Aphts a any ,L',r '��,.�'�
<br /> �w
<br /> rertwdloe�o wNch Lendsr may be ant.tled on account oi lhe default. Any auch aatfon by I.ender ehall not be conshued ns curirp lt�detwtl so�e to ,r �i�ti_`•�
<br /> . . ,�,.,,..,.�Y
<br /> bar Lend�r hom any remedy lhal It otherwise would hav0 had. '��""
<br /> WApqAHT1/;pF�E�iSE OF TiTLE. The fdlowlr�provislons ceteUnp to ownershlp of the Propeily are 4 part oi thb Doed of Trust. '.. � -',1i'�{-�t"Nl'..�++��
<br /> In toe sim k hee and cloar d ul fler�s and t-"'�
<br /> _ 5'iti�. TrusFa'worran�Shal: (a)Trustor ho!ch 4tx�d ond muketable IIIia of recard to the ProPertY P � .J•,..r.YeT�.�
<br /> " encumfqrtr►c�other lhan those cet lorth In tta Rea�Prnperty�lescrlptlon or in any tiRe Insurance poticy,G�ta�W��end�Ihor�t�x�c�rnd • �"`.`�u;:;�y{ �
<br /> � tavor of,tnd acxepted by,Lender In conn�aflon wlth thls Deed ot Trusl,and (b)Trustor has lhe hdl d9h�+P _
<br /> � deilwx tMS Deed ot Trusl to I.ondur. '��°c��°.
<br /> pefense of 7flte. Sub.{ect ta the exception tn the pera�raph above.Trus4or wartants end will torevor dele�+d Ihe title lo tho Property apalnst lhe i:';;�;�,_.-.
<br /> t�7�t
<br /> � lawtul clalms of eli peraons. In tha ovent eny tcUon or proceedir�y b commenced that questlons Trusta's�ib or lhe IQn�p���� ..,,,.'�,�. �`
<br /> Lender under ihls Deed ot Trust,Trusta ahall dotend the aottan at Trustor's expense. Trustor may be the nominal pariy ����
<br /> Lender shall be entilled to pert��pate in the proc�edinp and lo be repr�nsented in the procaediny by counsel of L�nd�b own ch�,nnd y_�� �.
<br /> Truslor wlll deliver,a ctiuso So be delivered.to Lendor 6uch fnstruments ns Lender mey requesl hom time to 6mo to permH such putiClPa��' c� -F.;�r__,,.=__:—_
<br /> c _
<br /> Comptl�nce WI4h Lawe. Trustor warranf3lhat the Property nnd Trustors use of lhe Property compfles wilh ell exlstlnp app -.___ -
<br /> „ ordinances.and reyufaUons of governmental authallles. .�-��:��;�
<br /> CONDEMNATI4H.Yhe 4ollowiny provisions relating to condemnation proceodinps are a pari ot this Deed of Trust.
<br /> ,: �
<br /> • Is condemned by eminent domain proceedinfls ar tsy any proCee�llny or ..,�°-
<br /> __-,------ App1lc�lion of Net Pracaeds. It all a�ny part ot 1he Propedy �
<br /> . ' purchaso In Neu of condamrw6on,Ln�iu'a..-�i�2�a^�'�n se;e�rp in,.t au or any Qort�on af Ihe net Froceeds o1 tho swerd be opp�ed to ihs _ :�k[.
<br /> Indebtedrwss or the repati or restorallon of 1he Propsrty. Tt+e nel procaeds of the award shal mean the awara Qnor paymarii�►i:�i�.a:o�:b= •�,,..:� ti!�--
<br /> � ° :.,
<br /> cosU,er,penses,and attornoys tees�ncurced by Trusteo or Lender In connectlon with the condemnatlon. r,�,:L
<br /> proceedlnsf. It any proceeding In Co
<br /> ndemnailon Is flsd,Trustor shall promptly notify Londer In writing.and Trusta shall promp`e�e eh� ',��•,.�'`yr►••.•
<br /> steps as may bo necessa►Y to dofend the aclian and obtaln the award. Trustor may be the nominai party in such proceadiny,bul ,`�1�!,y •
<br /> be entiued to particlpate In iho prceeedinp and to be ropresented in the proceeding by counsel ot its own cho�e,and Trustor w{A detiver c�r '
<br /> � ct�uss lo be de►�vered to lendAr such Instrumonts as muy be requested by Il hom time to time to permit such part�lpa;lon. ��. :' �'
<br /> c
<br /> IMPOSITION OF TAX�9,FEES AND CHARGES BY(iOVERMMENT/LL AIJTHORIT1ES. The tollowinp provislons relaUnp!o povemmenta�texc��
<br /> teas and Charpes ore a part at this Deed of Yrost: '"��`
<br /> �� Curtenl7exes,Fees and Cherpea. Upon rsquost by Lender,Truslor shali execute such documents In ac�ditfon to thfs Ds�ad o}Trust nnd take , ��.
<br /> whatever othw actlon is requesled hy Londe►to perte�f end Coniitiue LA�ders Nen On lhe fieai Properly. Trustorshell relrnbUrseLender for ay .r
<br /> ve ,� -��
<br /> taxes.�s descdbed betow, topather wilh ell expenses�nCUrred tn recording,perfectinp or continuinp thls Deed of Srust,InCiudinp without .
<br /> `" � Ilmlation nll faxes,tees,doCUmentflry btampl,and other c�t►rgo9 for recording or registering lhls Deed of Ttust. :
<br /> Taxes.Tiw toUowinq shail constitute texes to whbh Ih1s secflon applies: (a)a spec(flc 1ex upon this lype of Deed ot Trust a upon all or any �. �,
<br /> parl ot Ihe Indobtedness sscured by this D�ed ol Trust; (b)e spdclHc tex on Trustor whlch Trustor Is aulhorized or requtrad lo deducl from '
<br /> ' •�_::
<br /> . paymenls of tM'Notetands(d�SpecUio�htax on allfot any�Portton ofCthot debt dne�sseor1on PaYmentstof princlpsl andilnt'oresi made by � ;~. �,�
<br /> the hdder 'f , ��l•.
<br /> ., Trustar, '
<br /> Subaequent Tiutes. tf eny tex to whfch lhb sectlon applles Is enacled subsequeni to the date of thls Doed ot Trust,thls event shaN have the �
<br /> sama etlect as an Event of Detault(as deflned bdow),ond Lander may exerciso any or ail of Us avallable remodles for an Event of Delaull as f�
<br /> ', J provtded betow untess Trustor elthor (n)pays the tax befOre It becomes dolfnquent,or (b)Contests the tax as proNded ebove In Ihe Tnxes and S
<br /> Lipns seatton(�nd deposits with Lender cash or a sufHCianl corporete surety bond or other seCUrlty satislactory lo Lendor. ,
<br /> ;, SECURITY AGRF.HM�IT;FINAHCINQ STATEtAENTB. Tho following provislons relating to this�eed oi Trust as a sacurity a9reemenl are e paA ot �,
<br /> thls Deed olTtusf. , ,*''
<br /> iS
<br />- ; � SeeUdry Ayreement. Thls Instrumonl shatl conSNlute n securlty apreemont to the extent any of the Property constitutes fixtures or other
<br />- pereonnl property,and Lender shall have nll of Ihe rights of e secured pnrty under th�Uniform Commsrdnl Code ns amonded trom time to
<br /> time_
<br /> 3acudry Interest. Upon requost by Lender,Trustor shall execute Mancing stetc�monts nnd take whatever other actlon Is requosted by Lendor
<br /> � to perfact and conllnue Lendor's socurlly Intoresl In tho Rents and Personnt Property. In edditlon to recordinp thls Oeed of 7rust In lhe real I ,
<br /> , propedy records,Lender may,at any Ume and wllhout furthor authorizatlon trom Trustor,nlo oxocuted countorparts,coP�os or roprodttcUons ot I
<br /> thls Deed ot Trust as e 8nnncinp stntement. Trustor shall rolmburse Londer for all exponses Incurtod in periec��np or continuinp thl3 seCUdty
<br /> intorost. Upon detuult,Trustw shall assemble the PaMOnul Property In a manner end nt n pluco reasonably convonlent to Trustor and Lender
<br />�� nnd make it evaitable to Londor withln three(3)days aHur recelpt of writtan demand hom Lender.
<br /> •' grent by lhis Deed of trus dmey b ob alned onch's�roqu red by hes Unito m Com�morcial Codo)nn e as sated on the Nrst page ot thlsnDeod �
<br /> olTrusL
<br /> ' . FURT►IEF1 ASSURAltCE3;ATTQRNEY-FP�MFAC7'. The IoFowl�g provGlons relaHng to turlhar c�sauronaea nnd nttornay-�rt-fucl ar0 o p�u10!lhis i , .
<br /> �
<br /> � Deed of Trust. � .
<br /> Further Atwr�cei. At eny time,and trom tlme to time, upon roquest of Londor,Trustor will make, executo and dNivor,or will cause to be ,
<br /> 1.-=�.--' made.executed or dellvered,to Lender or to Lender's doslgnee:n jd when�requ�es�terd�vL�immann ondet bany'flndrfll SuCh mixt0 9� �
<br /> "t' - � -_ - --_ _ .. -
<br /> , rerecaded,9S lh8 C8S8 i118y b0,�l CaUCI1 umes ano in c�ii:i�G���.o�a....r�..�.----..__. .._, _.
<br /> deads of trust,soCUrity doeds,secudtY e�reements,flnanclnp sletements,continuatlon stalements,Inslrumonts of further assurenco,corUncatos,
<br /> � and olher dceumeets ns may,In the soto opinlon ol Lend�+r,be nocassarY or dosirnbs In order lo ettectuate,compiate,portect,conUnuo,or
<br /> t presenre (e)Ihe obllflatlons of Trustor uc�der the Note,thls Deod of Trusl,and tha Rotatod Documonts.and (b)the Uens and security intarosts
<br /> crested by l�Is Aeed o4 TruN as 8rs1 and prto�Ifens on tho Property,whelher now owned or heroaHer acqulred by Truslor. Unloss prahi6lted by
<br /> ! law a epreed to Ihe contrnry by Lender In w�iling,Trustor shall ydmbur58 Londa for all cosl�and e�cpenses Incurted In CcnneClfon with the
<br /> •:�i ' mattere referr6d to In thl9 para0reph.
<br /> 1 Altornoyan-FeC�• If Trustor fnils to do any ol the things refonrod to In lhe precoding pnrugraph,Lendor may do so tor ond In tho name ot
<br /> " � Truslor nnd Rt 7rustor'e expenso. For such purposos,Trustor hereby frrovocubly nppolnts Londer as Trustor's etlorney-lr►-hic1 lor tho purposo
<br /> al malcing,execullnp,deliverin8, filireg,►eCOrdinp, and doinp nll olhor Ihinps ns may be npcessnry or dostmble,fn Lender's sole opinton,to
<br /> " � ecCOmplfsh the mnttora retorrod to In thg preCe�in9 Pam9raph.
<br /> o '� • FULL pERFOAMANCE. �f Ttustor pay9 ail lho Indeblpdness whon dua,nnd olhonv�sa poAOrms nll tho obllpaUOns Imposed upon Trustor under thfs
<br /> Deed of Trust, Lender shull oxecuto nnd detivor lo Truslee a requesl tor lull reconveyunce and shn� oxocuto nnd delivor lo Truslor suftubto
<br /> stflto��enb ot 10rmination of nny Manclnfl�fetemenl on tile c�vldenGnp Ldnder'9 58CUrity Inleresl In tho Ronts ond the PotsonN Property. Any
<br /> • reconveyanco f0e requlrod by law ohell bo patd by Trusta,II permlltod by upp�,cnb�o law.
<br /> " OHFAUI.T. Cnch ot tlto followl�g,el Iho�plion of LOnder,Shflll Canstitule an Ovont Ot doluull('�vonl of Delaull')un�t Ihls Oeasi ot Trusl:
<br /> � .
<br />
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